People to switch off smartphones immediately. Hillary clinton cancels a trip to california citing pneumonia. Her departure from the 9 11 commemoration has sparked health concerns. I am manus cranny. Lau in hongangie kong. It is midday. Welcome to Bloomberg Markets. We are taking a look at the markets in the asiapacific. It is really a selloff right now. Manus indeed. What we have got is a real decoupling of risk. Is it the beginning of a taper tantrum . The fed in hype, the bank of england on pause. Really unsettling the markets. Stimulus, the dissent. What you have got is the 30 day correlation at the bottom of your screen between bonds and equities, turning negative. Utilities dropped. The 10 year Government Bond yields spiked higher. You are seeing equity and bonds relationships moving in the same direction. Havesive plays as yields collapsed. Of ar this is a sniff dissent from Central Banks. Angie you can say that again. We are looking at volatility. Here in asia as well. All you h
All right, welcome back. Sorry about those technical difficulties. Now. Ve recovered cant say the same about the markets, a downbeat monday for investors. Juliette thats right. We are seeing selling across the board today. We are waiting for a key speech from a female fed member. It is not janet yellen. It is one of the voting members. She is normally quite dovish. If she signals a hawkish tone upe her fed peers have come with that likelihood of a september rate hike back on the table. The moment, 30 chance of a september rate hike. 60 in december. Cba saying the u. S. Economy is not Strong Enough to withstand to rate hikes this year. That nervousness and what we saw on wall street friday playing into markets here. We had huge volatility in the u. S. Session on friday. The firsts 15 for time in 44 training sessions. A lot of volatility in asia, hang seng off by 2 , only two stocks in the black. Off toi also being sold the tune of 1. 6 today. We are seeing selling coming through in all
Dongwon Group s new chairman is drawing keen attention from industry watchers as to how he will steer the group to further expand its markets from its signature canned tuna and food products to non-food industries such as ship operation, logistics and rechargeable batteries, according to the country s major conglomerate, Friday.
Dongwon Group s new chairman is drawing keen attention from industry watchers as to how he will steer the group to further expand its markets from its signature canned tuna and food products to non-food industries such as ship operation, logistics and rechargeable batteries, according to the country s major conglomerate, Friday.
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